Argentina Tables First Proposal To Change Tariff Approach From 2008 Texts
Argentina this week made a formal proposal for a request-offer approach to cutting tariffs in future negotiations on agriculture and non-agricultural market access (NAMA) that could serve as a simpler alternative to the tariff-cutting formulas that are part of the 2008 modalities for these two areas. This approach would also apply to services negotiations, where request-offer is customary, according to Geneva sources who have seen the proposal. Request-offer for both agriculture and NAMA is favored by Argentina because of its...